According to WBJ, Veterans Affairs has agreed to a lease at 425 Eye in the Mount Vernon Triangle. The lease is for 10 years with a right to terminate after 7. Veterans Affairs views 425 Eye as “swing space” that they will occupy on a temporary basis until their current home, the Lafayette Building, is renovated.
According to the article VA may begin their move as soon as June 2011. Hopefully we’ll hear similarly bright news about the ground floor retail soon.
If you can’t be at the beach what’s a better way to celebrate Memorial Day weekend than a block party? DURKL will be throwing an outdoor bash on Sunday May 30th from 11am-7pm in the parking lot at 452 K Street (behind the under-renovation office building). Several food trucks will be in attendance including Fojol Brothers and Sweetflow. Grills will be on site for those who BYOF and the party will have a variety of games including Bocce and Cornhole. The lineup of DJs and performers is on the flyer below.
For more information visit the event page on Facebook.
Penn Quarter: The former Zenith Gallery (413 7th St NW) was subdivided after shuttering. Pitango Gelato opened in one space this past weekend and we learn that a new fast casual Indian concept called Merzi will open in the remaining space.
Mount Vernon Triangle: Washington City Paper follows up with Guy Steuart on our coverage of Square N-515 which yields a few quotes and an artists rendering. [WCP Housing Complex]
I-395 Air Rights – Jonathan O’Connell reports that Fenty is close to finalizing the sell the air-rights above 3 blocks of I-395 to Louis Dreyfus. This blog outlined the vision Louis Dreyfus put forth for the project in Feb 2009. [Washingtonpost]
The Fiesta Asia Street Fair is scheduled for May 22nd, from 10:00 AM to 7:00 PM at Pennsylvania Avenue NW, between 3rd & 6th Streets. Fiesta Asia Street Fair happenings include outdoor craft exhibits, live performances, food and open market vendors, interactive displays, martial arts demonstration, talent show, cooking demo, flash mob dancing and many more!
The Spring 2010 edition of WalkingTownDC is this upcoming weekend.
Mount Vernon Triangle Development Tour Saturday, May 22nd, 2 – 3:30 pm
Sunday, May 23rd, 2 – 3:30 pm
Meet and end at the Historical Society of Washington, D.C., 801 K Street, NW (south side entrance)
Walk the Mount Vernon Triangle neighborhood to learn about the history of this once forgotten neighborhood, including its rebirth, new retail, new offices, and new condos. This tour will include a walk past the remaining historic buildings, discussion about the social and economic forces that lead to its decline and current revitalization. You will also have a chance to visit City Vista, a new condo, office building, or a historic church.
At Tuesday night’s MVSNA meeting Steuart Development provided an update to the community on the status of their properties within the Mount Vernon Triangle.
preliminary NY Ave elevation for Steuart/Paradigm apt project
The Square 483 property (K Street b/w 5th and 6th) will be on hold for the forseeable future as office tenant demand is lacking. However the encouraging news was that Steuart is in position to move forward soon with a matter of right development on lot 62 of Square N-515.
Partner with Paradigm to develop a 14 story 390 unit luxury apartment building
Financing close and project could begin as soon as September
Would take approximately two years to build and one year to lease out
Shape of ground floor plate similar to Meridian at Gallery Place (another Paradigm property) in that it features a semi-circle driveway with garage access (on L Street)
Building will have prominent pedestrian entrances on both L Street and New York Ave
Ground floor retail is not planned
Remainder of Steuart’s Square N-515 parcels, along 4th Street, would be developed at a later date.
DC Lofty has reached leasing arrangements on the historic 3-story 4,500 Sqft property at 301 Eye Street NW. The company offers safe, affordable, and luxury housing option for interns, international and local students in a dorm-style bedroom setting. The initial location of DC Lofty opened at 1333 11th St NW.
The May edition of the MVSNA newsletter included the following:
Over the past month, MVSNA has worked closely with the city (which owns the property), the parking lot operator (which has a 2-year lease), the Mount Vernon Triangle Community Improvement District Director Bill McLeod, Thais Austin of the 555 Massachusetts Avenue Condo Association, several ANC 6C Commissioners, and the future developers to bring life to the lot. We are in discussions with Diverse Markets to have a Sunday crafts and farmers’ market at the site. We have also organized a series of outdoor movies for the community on Sunday evenings. At this stage, we are finalizing the plans and will soon begin fundraising. We are hopeful to make this idea a reality in about one month.
While I support the idea of temporary urbanism at the 5th & Eye site the community is in an unfortunate position of not having the ramp up time to plan and secure a quality concept that can happen this summer. An Outdoor Movie Night series doesn’t have as much overhead to coordinate plan as the alternatives so I can understand how it became the focus of the MVSNA. But I’m concerned that it’s destined to fail. Will residents really want to lay a blanket down on the asphalt of a caged in surface parking lot to watch a movie?
Would you attend a movie series at the 5th & Eye parking lot?